Perspective and Suitable Research Area in Public Research—Patent Analysis of the Czech Public Universities

Abstract

In the current day and age, innovation is the fodder that keeps companies and institutions running, and universities play an important role. During the crisis and in the post-crisis period, financial support for research and development have undergone significant changes especially at universities. The aim of this research is to conduct a patent focus analysis of the public and state universities in the Czech Republic and to analyze the development in patenting focus structure and to identify perspective and suitable research area. Hierarchical clustering was chosen for its clustering overview clarity and due to the relatively small sample size. Ward’s method was chosen as the clustering algorithm with squared Euclidean distance as the system of measurement. Each cluster was characterized by five dominant IPC subsections to describe the patent focus. The patent focus segmentation of 115 public and state universities identified five main groups: medical/pharmacological, material, organic, construction and mixed measuring and material processing. Universities today are centers of knowledge. In addition, they support the innovation that spurs economic activity in a society. Universities have the potential to spur industrial activity with innovation and then pass information on to private firms.